Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Marriot Earnings Show Growth In ‘Drive-To’ Vacations

Marriot Earnings Show Growth In ‘Drive-To’ Vacations
Marriot Earnings Show Growth In ‘Drive-To’ Vacations
August 10, 2020  |  Earnings

Marriott International Inc. reported on Monday (Aug. 10) that comparable dollar revenue per available room (RevPAR) plunged 84.4 percent worldwide in Q2 on a constant-currency basis. Get the...

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Foot Locker Says Same Store Sales Up 18 Pct Due In Part To Stimulus Checks
Foot Locker Says Same Store Sales Up 18 Pct Due In Part To Stimulus Checks
August 10, 2020  |  Retail

Foot Locker Inc., the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second-quarter ended Aug. 1 as the chain...

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Mercari’s Revenues Pop 48 Pct For FY2020, But Losses Also Grow
Mercari’s Revenues Pop 48 Pct For FY2020, But Losses Also Grow
August 07, 2020  |  Earnings

Mercari, the Japanese shopping platform that allows users to buy and sell almost anything, reported its net sales surged nearly 48 percent for the fiscal...

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Today In Payments: Trump Bans WeChat; Uber Counters Ridesharing Slump With Delivery Double-Up
Today In Payments: Trump Bans WeChat; Uber Counters Ridesharing Slump With Delivery Double-Up
August 07, 2020  |  News

In today’s top news, Tencent’s stock dropped 10 percent after President Trump banned WeChat, and Uber reported earnings rooted in delivery revenue. Plus, U.S. household...

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Live Nation’s Q2 Double-Whammy: Few Ticket Sales, But Lots Of Refunds
Live Nation’s Q2 Double-Whammy: Few Ticket Sales, But Lots Of Refunds
August 07, 2020  |  Earnings

Q2 was a lousy time to be in the live events business, as Live Nation‘s recent earnings report demonstrates. Worldwide stay-at-home orders pretty much closed...

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REIT Predicts U-Shaped Retail Recovery
REIT Predicts U-Shaped Retail Recovery
August 07, 2020  |  Retail

One of the largest real estate investment trusts in the U.S. reported earnings this week with the expected decrease in revenue, but an optimistic look...

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Supply Chain Hiccups Sink The RealReal’s Q2
Supply Chain Hiccups Sink The RealReal’s Q2
August 07, 2020  |  Earnings

The pandemic weighed heavily on The RealReal’s second-quarter earnings announced Thursday (Aug. 6), leading to a steep drop in its results. Get the Full Story...

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Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
August 06, 2020  |  News

In today’s top news, the Bank of England upped Monzo’s capital worth requirement, and DoorDash is launching digital convenience stores. Plus, Fiserv reported strong Q2...

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Canadian Tire Posts Worse-Than-Expected Losses In Q2
Canadian Tire Posts Worse-Than-Expected Losses In Q2
August 06, 2020  |  Retail

As its stores shuttered to prevent the spread of COVID-19 earlier this year, the Canadian Tire Corp. Ltd. posted worse than expected second-quarter (Q2) losses...

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